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IKIO Lighting IPO Subscription Status

IKIO Lighting IPO was subscribed 67.75 times when bidding closed on 8 Jun 2023: QIB 163.06x, NII 65.38x, Retail 14.31x.

The IKIO Lighting IPO has been subscribed 67.75x times overall. Retail investors have shown interest with bids for 14.31x the shares available. The Non-Institutional Investor (NII) category has been subscribed 65.38x. Within NII, Big HNI (B-HNI) subscribed 69.01x and Small HNI (S-HNI) subscribed 58.13x. Qualified Institutional Buyers (QIBs) have subscribed 163.06x. Data last updated on 10 Nov, 11:52 AM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 06 Jun, 2023 and closes on 08 Jun, 2023. The shares are expected to list on stock exchanges on 16 Jun, 2023.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 11:52 AM
Category Bid details Times
QIB - of - - 163.06x
NII - of - - 65.38x
bHNI — bid amount above ₹10 Lakh
- - 69.01
sHNI — bid amount ₹2–10 Lakh
- - 58.13
Retail - of - - 14.31x
TOTAL - - 67.75x
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IKIO Lighting IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 14
~7% chance per PAN — based on 14.31x subscription. Winners get exactly 1 lot (₹14,820) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 58
~1.7% chance — based on 58.13x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 69
~1.4% chance — based on 69.01x subscription. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
163.06x
Proportionate allotment — at 163.06x, institutions receive ~0.6% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 7% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 163.06x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
08 Jun 2023
Day 3
67.75x ▼
QIB163.06x BHNI69.01x SHNI58.13x Retail14.31x
07 Jun 2023
Day 2
6.83x ▼
QIB1.37x BHNI14.04x SHNI19.89x Retail5.92x
06 Jun 2023
Day 1
1.55x ▼
QIB0.3x BHNI2.32x SHNI4.25x Retail1.64x

IKIO Lighting IPO dates

From the bidding window to listing. Today is 11 November.

Key dates Listed
  1. Open 06 Jun 2023
  2. Close 08 Jun 2023
  3. Allotment 13 Jun 2023
  4. Refund/credit 14 Jun 2023
  5. Listing 16 Jun 2023

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of IKIO Lighting IPO?

As of IPO close date (08 Jun, 2023), the IKIO Lighting IPO is subscribed 67.75x times. Retail category is 14.31x, and NII is 65.38x subscribed.

When is the allotment date for IKIO Lighting IPO?

The allotment for IKIO Lighting IPO is expected to be finalized on 13 June, 2023.

What is the GMP of IKIO Lighting?

The Grey Market Premium (GMP) for IKIO Lighting is currently ₹90, indicating a potential listing gain of 32%.

When will IKIO Lighting IPO list on the stock market?

IKIO Lighting is scheduled to list on BSE and NSE on 16 June, 2023.

What are the chances of getting allotment in IKIO Lighting IPO?

The retail category is oversubscribed at 14.31x, meaning allotment is by lottery. Statistically, approximately 1 in 15 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 163.06x mean for IKIO Lighting IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 163.06x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check IKIO Lighting IPO allotment status?

After the allotment date (13 Jun, 2023), you can check your IKIO Lighting IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
67.75x
QIB
163.06x
NII
65.38x
bHNI
69.01x
sHNI
58.13x
Retail
14.31x
Full IPO details
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